Smallsat builder/service provider AAC Clyde: Revenue up 83% in 2021, on track to be EBITDA positive this year

by Peter B. de Selding

 

PARIS — Small satellite hardware and service provider AAC Clyde Space grew its revenue by 83% in 2021 and reiterated its forecast of becoming EBITDA-positive in 2022. It also offered investors a nice round target of $250 million in revenue in 2030.

That’s not quite SPAC-level optimism, but it’s still a 32.5% compound annual growth rate for a company that reported 179.95 million Swedish krona ($19.9 million) in 2021 revenue.

Sweden- and Scotland-based AAC Clyde said the key to . . .

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